Grocery Stores Are Rewinding Prices This Thanksgiving To Beat Inflation

Looking at receipts at the grocery store

As we’re all painfully aware, food prices have been soaring recently. Trading Economics claims that since September 2021, food costs in the United States have increased by 11.2%. According to the USDA, food inflation will continue to rise well in 2023, but not at the drastic pace that we have seen this year. Unfortunately, the holiday season waits for no one and inflation will not be slowing down just yet. However, some stores are committed to making the holidays a bit more manageable this year.

Both Aldi and Walmart are rewinding prices these next few months. According to PR Newswire, Aldi’s rewind program will match food prices from 2019 (pre-pandemic) for discounts of up to 30%. Shoppers can look for the Thanksgiving Price Rewind sticker on their favorite holiday essentials like cornbread stuffing, rolls, apple pie, and even wine. Aldi’s in-store Thanksgiving price rewind will begin on November 2 and last until November 29, 2022. This charitable act will allow many families to afford some of their favorite holiday foods this year without breaking the bank, and Walmart is offering a similar deal.

Walmart’s Holiday Gift

Thanksgiving dinner

As for Walmart, the superstore has also committed to rolling back prices this holiday season. In a press release, John Laney, Executive Vice President of Walmart U.S., announced that this year’s Thanksgiving meal will match last year’s prices (2021) now through December 26, 2022 (via Corporate Walmart). It may not be pre-pandemic prices like Aldi, but the fact that this deal lasts until the end of the year is very exciting. A Walmart Thanksgiving meal basket includes things like turkey, ham, potatoes, stuffing, and some premade items like pumpkin pie and cranberry sauce.

So as inflation becomes worse, look to Aldi and Walmart this holiday season for lower prices. If you need more ways to save money this season, CNBC recommends scrutinizing sales, planning out your meals carefully, buying in bulk more often, and using a cash-back app so you get a little reward for shopping.